Web3 News

Blockchain Association asks Congress for bipartisan crypto tax laws. The group sent a letter requesting new legislation instead of endorsing current bills before tax writers. Sophon sets November 25 deadline for asset withdrawals. The network will close infrastructure on November 25 and shut down its mainnet on November 30. Mt. Gox delays creditor repayments until October 2027. The trustee postponed the distribution deadline by one year, marking the fourth such extension for the exchange.

CFTC debates liability for autonomous AI trading software. Panelists at a recent forum discussed whether developers or users are responsible for illegal automated trades. CoinDCX Restricts Futures Trading After Binance Security Incident. The exchange restored most futures markets on October 30, while four tokens remained restricted. CZ states Binance holds $1 billion in SpaceX shares. Annual revenue covers $6.3 billion in hack losses without selling holdings, according to co-founder Yi He.

Aave increases Bitcoin and Ether borrowing limits. Governance proposal 536 raised maximum loan-to-value ratios for wrapped Bitcoin to 81% following a risk assessment. BitGo Adds Jupiter as SOL Staking Option for Clients. Institutional BitGo clients can now stake SOL tokens using the validator operated by Jupiter. Latvia Approves New Crypto Tax Rules Starting in 2027. The law introduces a 10% one-time declaration fee and transitions future crypto gains to an investment-account tax system.

CFTC to Host Roundtable on 24/7 Derivatives Trading. Regulators will evaluate the possibility of constant market operations during a public meeting in December. Solflare Staking Provider Security Issue Pauses Validator Rewards. A security incident at Solflare's staking provider halted rewards for 1.56 million SOL, though user principal remains safe. VanEck Launches Wealth Builder ETF With Bitcoin Exposure. The new NYSE-listed fund includes a 2% bitcoin allocation alongside stocks, bonds, and g…

Zcash Co-Founder Proposes Ending Community Grants Block Subsidy. The draft ZIP redirects the 8% allocation to the Network Sustainability Mechanism because the treasury holds $125 million. Utexo begins early testing for Bitcoin-based USDT. Exchanges and wallets can now test bridged USDT on the Bitcoin Signet network before the November 28 launch. Standard Chartered to acquire 100% of Zodia Custody. The deal includes regulated units in Singapore, Hong Kong, Australia, Luxembourg, and the UAE, pe…

Researcher Wins $2,020 Bitcoin Prize Exploiting PHP Flaw. An analyst claimed $2,020 from stealmybitcoin.com on October 25 to demonstrate that recent PHP vulnerabilities are exploitable. Luxor Secures $16 Million for AI Compute Expansion. CMT Digital led the funding to scale the bitcoin miner's cloud platform, hardware brokerage, and compute derivatives services. NBA signs integrity pact with CFTC for prediction markets. The league named Kalshi and Polymarket preferred exchanges, though the NFL…

Strategy Shareholders Approve Daily Dividends for Four Preferred Stocks. Tickers STRF, STRC, STRK, and STRD will accrue daily payments distributed on business days beginning in November. Binance Applies for Brazil License and Cuts Local Services. The exchange applied to the central bank on October 23 while removing eight products and 22 tokens for users. Ethereum developers fix Glamsterdam upgrade staking deposit bug. The update prevents block builders from capturing ETH intended for new netwo…

South Korean Regulators Inspect Bithumb After Employee Data Leak. Officials launched on-site reviews on Oct. 28 after unauthorized external access compromised employee information at the exchange. CFTC Reopens Investigation Into Polymarket US User Access. Regulators are checking if the prediction platform successfully blocked American traders from its offshore site as required. Liquid Network Reserve Deficit Shrinks to 600 BTC. JAN3 CEO Samson Mow said the remaining Bitcoin backing L-BTC will …

Obol updates Charon software after eMudhra certificate authority incident. Mainnet operators should install version 1.11.2 to fix issues with Go certificate checks. XRP Ledger updates lending protocol code before activation. Developers released a patch for the upcoming lending feature ahead of its scheduled October 23 implementation. Circle reports seven percent net profit margin for USDC. Circle spent 59 percent of revenue on costs and reinvested 34 percent during the first half of the year.

Drift exploiters move $61 million in ETH to Tornado Cash. Attackers from the April Drift protocol hack transferred 25,700 ETH and retain $198 million in stolen assets. Qubic Restarts Mainnet Following $14 Million Exploit. The network resumed operations on October 19 and began processing recovery claims for affected users. Mastercard launches fraud detection tool for stablecoin payments. The new API screens stablecoin transactions for fraud and sanctions compliance before funds are settled.

US Senator Requests Tether Records on Bo Hines Firm. Senator Blumenthal requested contracts, payments, and lobbying records from Tether and Nxum Group on October 22. Trump to discuss international crypto scams at White House event. The October 21 meeting covers seizures of fraudulent investment websites and enforcement actions against foreign scam operations. Zcash developers schedule NU7 upgrade for November 5. The update reduces block times to 25 seconds and includes the Zebra 7.0.0 software…

Tech Companies Block Flawed eMudhra Security Certificates. Major browsers removed eight eMudhra certificates, leaving some crypto applications vulnerable to potential security risks. Tesla and SpaceX Consider Potential Merger. The companies are evaluating a merger that would consolidate their combined holdings of 30,221 bitcoin. Tether invests $15 million in fintech startup Mural. Mural raised $15 million to develop payment systems for AI agents, reaching $28 million in total funding.

Initia exploit drains bridge reserves and halts user withdrawals. Attackers stole $2.73 million using unbacked tokens, leaving the Noble USDC reserve with only $63. Starknet voters support research into a new layer 1. StarkWare and the Starknet Foundation are investigating a potential independent layer 1 following a recent community vote. Three Firms Notify SEC of Tokenized Stock Venue Plans. TSV LLC, OKXICE, and Kephas Corp informed regulators of their intent to operate venues for tokenized s…

Canada begins 60-day consultation on draft stablecoin regulations. The draft mandates local one-to-one reserves and three-day redemptions while maintaining a ban on interest payments. Keystone destroys 19,000 wallets following data and key theft. The company suspended shipping after an intruder accessed 26,000 customer records and a device authentication key. Aviva Investors tokenizes $29 billion liquidity fund on XRP Ledger. The asset manager launched a tokenized share class for its sterling …

Pump.fun sets in-house bridge as default for crosschain trades. Test data indicates buy errors fell to 0.9% while average transaction times decreased to 1.95 seconds. SEC Identifies Asset Tokenization as High-Risk for Clearing Agencies. The agency included tokenized assets in its 2027 examination priorities for clearing firms and technology infrastructure oversight. Shinhan Card and SBI Test Yen Stablecoin Payments. The companies are testing stablecoin-based card payments and transfers for tra…

New York AG Seeks $1.37 Billion From NovaTech Founders. The state also reached $6 million in settlements with four promoters of the alleged cryptocurrency fraud scheme. Polymarket sues Ohio over sports betting license requirements. The exchange claims state licensing demands violate federal law and the U.S. Constitution. PHP Patches Two Bugs Following Attacks on Government Websites. Fixes for CVE-2026-109618 and CVE-2026-109619 arrived October 21 after Cloudflare observed active exploitation a…

Dogecoin Foundation Ends House of Doge Trademark Agreement. Both entities must rename by December 31, and the subsidiary will pay $400,000 following the deal's termination. Evernorth Secures $80.7M Equity Facility to Buy XRP. The firm agreed to sell up to 5.2 million shares to a Cantor Fitzgerald affiliate. Fifteen mining firms support Tether's Bitcoin automation software. Operators and hardware makers will integrate Tether's kit to automate fleet management using shared software and AI.

Nectar Group Raises $5 Million for Bitcoin Yield Platform. The company will allow institutions to earn returns on Bitcoin holdings through credit and options strategies. Polkadot advises Fearless Wallet users to move funds. Four browser extension versions leaked private keys, requiring users to create new wallets and transfer their assets. SEC Crypto Regulation Comment Period Ends. The agency received 140 public submissions and will continue accepting additional feedback despite the official d…

OCC issues final stablecoin regulations for the GENIUS Act. These rules establish reserve and risk standards for payment stablecoin issuers before the law takes effect in 2027. Optimum launches mump2p block protocol on Ethereum mainnet. Sixteen operators managing 22,000 validator keys now use the protocol for faster block delivery than GossipSub. PancakeSwap fee and emission proposal faces 98% opposition. The plan to increase provider fees and reduce token rewards remains largely unpopular ahe…

Winklevoss super PAC spends $81,000 on Texas mailers. The Digital Freedom Fund disclosed spending to support Ken Paxton and oppose James Talarico in federal filings. Kalshi enables crypto collateral for perpetual futures trading margin. Users secure margin loans with BitGo-held assets as Webull prepares to list Kalshi perpetuals in November. NEAR Protocol considers reducing annual token issuance to 1.6%. The network is voting on a proposal to lower maximum token inflation over the next two yea…